By Kerry Milton, on 3 July 2015
School pupils around the world will be starting their first enterprises on Saturday 4 July as part of Citrus Saturday, a UCL initiative to get young people thinking about entrepreneurship. The programme gives teams of young people aged 11 to 15 years a taste of running their own businesses through setting up and managing lemonade stands for the day.
Over 200 young people are due to take part in this year’s event, with participating countries including the UK, Ireland, France, Belgium, Germany, Spain, Poland, Armenia, Swaziland, Mozambique, Burkina Faso, Niger, Kenya and Tanzania.
Media are invited to attend the formal launch at the British Library where Timothy Barnes and Jack Wratten will be available for interview from 11:30am, while local and international media can also attend local stands – for a full list of where Citrus Saturday is happening please visit the website
Citrus Saturday, which is in its fifth year in the UK and second internationally, is a hands-on education programme developed by UCL to provide an introduction to entrepreneurship for young people.
Each team will run their stand as closely to that of a small business as possible, having been provided with seed funding from UCL to buy fruit and materials for the day. Any profits made are kept by the teams to reinforce the link between hard work and earning money.
Jack Wratten, Citrus Saturday Manager, said: “Our mission is to ensure that every young person in the world who wants to learn about business and experience entrepreneurship first-hand gets the opportunity to do just that.
“Citrus Saturday helps to fulfil the need for enterprise education in a fun and easy way, students directly learn skills not only valuable for entrepreneurs but for the entire workforce of tomorrow.”
Participation in the programme, which was established in 2011 by Timothy Barnes, Director of UCL Enterprise Operations, has tripled since last year and aims to engage with 1 million young people by 2020.
The programme is designed for small teams of pupils, with the Citrus Saturday Toolkit available to any organisation that works with young people. The Toolkit includes all materials needed to run workshops covering the basics of being an entrepreneur.
The teams will be supervised by volunteers from UCL and the wider community, who will provide support on the day and at introductory workshops, teaching the teams everything from business planning to food hygiene.
The stands have been generously supported by partners including The British Library, Spitalfields Market and Network Rail, with supplies provided by Booker.